Word: stiff
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Fitzsimmons' first test will come later this month when he heads negotiations with 12,000 trucking firms employing 450,000 workers. The current contract expires March 31, and the Teamsters want a package increase of 5% to 7%, a proposal that may run into stiff opposition from the industry...
...headed a presidential fact-finding mission after the Watts riots. Though his father dissented from the 1966 Miranda verdict banning confessions obtained without full warnings to defendants of their rights, Ramsey wholeheartedly endorses the Supreme Court's recent liberal rulings on interrogations and confessions. When Congress passed a stiff crime bill for the District of Columbia that he considered reactionary and unconstitutional, he prevailed on Johnson to veto it. He has ordered the Justice Department to discontinue all wiretaps except those clearly involving national security. Like his father, who was once the department's antitrust chief, he favors...
...next week, the board reduced from 4% to 3% the amount of interest-bearing time deposits that banks must keep on hand as unlendable reserves. The change applies only to the first $5,000,000 of a bank's total time deposits; anything over that remains under the stiff 6% reserve requirement imposed during last summer's credit squeeze. This partial easing will free an additional $850 million for lending, mostly in 5,945 rural and small-city banks. Bankers can already lend about $7 for every $1 they have in reserves, and this "multiplier effect" will therefore...
Musliner finished only fourth in the New England AFLA foil two weeks ago, but a second place in an earlier Open AFLA Qualifying tournament will put him in the Nationals. His success against stiff competition in the Open made him the only Crimson fencer to earn a national "B" rating. The ranking automatically qualifies him for the prestigious Martini-Rossi International Invitational at the New York Athletic Club in April...
...Finally, only 27 newsmen were accredited by the court and given reserved seats each day. Unaccustomed to such curbs, reporters and editors objected. The Chicago Tribune filed suit in Illinois Supreme Court to have the judge overruled, headlined its story: TRIBUNE FIGHTS COURT GAG. The rulese were a bit stiff-and in a few cases even silly. And after listening to the protests, Judge Paschen eased up on some points. The names of excused jurors could be printed, and a copy of the court record could be obtained each evening during the trial proper. As the selection of the jurors...